US Gulf:
No new NOLA barge business was confirmed for ammonium sulfate, leaving the market at the last-reported $270-$275/st FOB range.
Eastern Cornbelt:
Granular ammonium sulfate pricing in the Eastern Cornbelt remained at $310-$345/st FOB, with the low confirmed at river terminals in Illinois and the high at inland warehouses. The Cincinnati market continued to range broadly at $315-$335/st FOB in early November.
Western Cornbelt:
The granular ammonium sulfate market widened to $300-$345/st FOB in the Western Cornbelt, with the low reported at St. Louis and the high in western Iowa. The last offers FOB Caruthersville were pegged at the $315/st level in early November.
Southern Plains:
Granular ammonium sulfate was pegged at $300-$325/st FOB in the Southern Plains, with the low reported at Houston and the high at Catoosa/Inola.
South Central:
The ammonium sulfate market remained in a broad range at $250-$320/st FOB in the South Central region, with the low confirmed in southern Mississippi and the high in Arkansas.
Southeast:
Ammonium sulfate pricing FOB Hopewell, Va., remained at $320/st for granular, $290/st for mid-grade, and $270/st for standard, while rail-DEL pricing in Florida was pegged at the $340/st level for granular and $250-$260/st for standard.
China:
Sources reported conflicting information about the ammonium sulfate market. Reports circulated that Pakistan bought 10,000 mt of caprolactam grade amsul, along with larger quantities of phosphate, at a price netting back in the mid-$160s/mt FOB China, fitting with where sources had called the market earlier in the week.
By midweek, however, sources began reporting prices in the upper-$150s/mt FOB. Adding to the downward pressure, the week’s ex-plant price indicated an export level in the low-$150s/mt FOB, traders said.
In the end, the market softened to $155-$165/mt FOB, with producers decrying the drop and buyers pushing for even lower prices.
Turkey:
Ammonium sulfate imports to Turkey totaled 612,000 mt in January-September, Trade Data Monitor reported, a decline of 18% from the year-ago 748,000 mt. Third-quarter purchases were 31,000 mt, down from the 54,000 mt received in July-September 2022, while September deliveries of 20 mt were off from 16,000 mt received in the prior September.
Thailand:
Trade Data Monitor reported January-September ammonium sulfate imports at 230,000 mt, down 30% from the 331,000 mt noted one year earlier. Third-quarter imports were unchanged year-over-year at 116,000 mt, while the 48,000 mt received in September was higher than the 31,000 mt noted in September 2022.
Brazil:
Brazil ammonium sulfate transactions declined $5/mt to $210-$220/mt CFR, while bidding was reported around $195-$200/mt CFR during the week. The Rondonópolis market narrowed to $345-$350/mt ex-warehouse from the week-ago $325-$360/mt FOB.